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Posted on: August 1, 2019

CM Mark Israelson Unveils Recommended 2019-20 City Budget


City Manager Mark Israelson recently presented the 2019-20 Recommended Budget and Community Investment Program (CIP) to City Council. See these documents online and at any of the five Plano Public Library locations.

A summary of significant budget figures:

  • Proposed City Operating Budget is $665.6 Million
  • Proposed CIP Budget is $257.8 Million
  • Effective tax rate of 44.85 cents per $100 of assessed property valuation (must be certified)

The budget approval process calendar is as follows:

Thursday, Aug. 1 – City Council Budget Work Session on Grant Funding
Thursday, Aug. 8 – Plano Town Hall on the Budget & CIP
Monday, Aug. 12 – Presentation of Proposed CIP to Council
               Public Hearing on Operating Budget and Community Investment Program
               Approval of Appraisal Roll and Determine Proposed Tax Rate for Notice
Saturday, Aug. 17 – City Council Work Session on the Budget
Monday, Aug. 26 (TBD) – 1st Public Hearing on the Tax Rate
Wednesday, Sept. 4 (TBD) – 2nd Public Hearing on the Tax Rate
Monday, Sept. 9 – Adoption of the Operating Budget and CIP and Set the Tax Rate
Tuesday, Oct. 1 – New Fiscal Year Begins under Newly Adopted Budget

The Recommended City Budget and Community Investment Program is ready for review. Email questions about the budget to Answers will be posted every Monday at

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